Ann: Ramelius Takeover Offer for Explaurum Limited Presentation, page-118

@eshmun

So you exited RMS at 57c and in your other post you mentioned selling remainder of your shares at 50.5c.
Good on you.
I can't say the same for myself.
I have sold a lot of shares at 42...44....50...52...55...57.....59...60....and a small portion at 63.
I have also bought back a lot of shares in the reverse order...59..57...515..48.5...46.5. I'll buy more if it goes lower. For my size,. I have to buy in tranches and sell in tranches. Currently I am holding a decent size position enough to give me headaches with this miserable share price action.

Good on you for switching from RMS to EXU early. I have known EXU but I can't buy them. To me EXU has no value without the mine funding. I have very little to no confidence in EXU seeing the mine into production on their own. Still credit must be given where it is due....You did made connection within RMS and EXU way earlier.

But your argument of lower RMS share price has very little to do with its announcement and more of the gold miners market.

Since early July all gold stocks (Junior to intermediate including NCM) are down with only one exception of NST.

SLR from 58-60 to 47
PRU from 44-48 to 33
RMS from 57-58 to 45
WGX from 1.80-131
SAR from 2.20-1.75
SBM from 5.28- 3.60 (Big fall)
RRL from 5.15 -3.95
NCM from 22.00-19.00

Not to mention your favourite DOG....(one of the greatest money burner) RSG
RSG from 1.35-1.40 to 1.05 .This dog has burned so much money.....unbelievable.

There you have it.